Category Archive: Thought Leadership
March 2020
9 Steps to Reduce Risks in Global Supply Chains
Many companies embrace global supply chains for the financial and competitive advantages they offer. Some have no choice because the raw materials or products they require only exist or are manufactured in certain parts of the world. But, for all the benefits associated with global supply chains, there are also risks. Those risks include transportation […]
November 2019
Making Budgets Work
Leadership and Accountability Drives Results. During the year end period most companies are spending lots of resources to prepare sales forecasts, expense budgets, cash flow projections and production or manpower plans. The best companies view this process as an integral part of their business plan for the upcoming year. Others view it as a general […]
November 2019
Beyond Shareholder Value
What is the purpose of your business? That question is more than a discussion topic for an MBA class. You must know the answer for your business to make the right decisions about whom to hire, how to operate and what priorities to set. For generations, many American businesses operated according to the business […]
November 2019
2020 will be here soon – Are you planning for it or winging it?
It is that time of year when many organizations are making strategic decisions about the coming year. Whether you approach planning formally or informally, there are many ways to skin the cat. What is most important is that you have a workable plan and not just a laundry list of tasks. When that happens, according […]
June 2019
A Short Primer on Process Improvement
Process Improvement (PI) or Business Process Improvement (BPI) is typically used by Industrial Engineers and Consultants to analyze an existing process to determine bottlenecks, waste, inefficiencies or areas of time delay and then develop possible solutions for improving the process. Examples of improvements could be things such as implementing a new application or system (i.e. […]
June 2019
Sales and Operations Planning Insights into Global Marketing
Effective sales and operations planning, or S&OP, must strive to have a common focus, which can be difficult to achieve without a process to guide the way. S&OP in manufacturing environments provides a structure for a culture of open communication, a common language for that communication and measurements to assure optimal results. With a clearly […]
As Your Workforce Retires, Don’t Be Caught With a Knowledge Gap
Most companies don’t recognize the value of their resources until they are gone. Will that be you? Soon, many manufacturing companies will miss out on one of their most valuable resources—50% of their valuable resources! It is not the C-level executive or the manager, but production workers on the manufacturing floor, making the product […]
July 2010
Creating Organizational Value in the Supply Chain
Today’s marketplace is competitive. Businesses in all industries are looking for ways to increase operational efficiencies and reduce costs. Maximizing the supply chain process can have a dramatic effect on the bottom line. Recently, two of our executives discussed how they help companies to create significant value in their supply chain and how suppliers can […]